8CBS Evening News With Scott Pelley
secretary kathleen sebelius told democrat g.k. butterfield that americans have no reason to worry. >> do you have confidence in these and other measures you are taking to protect the security of americans' personal information? >> i do, sir. >> reporter: while officials try to fix all the problems with the web site, internal notes released today from a government meeting last week reflect a new concern: that the media may begin to follow customer experiences and in some cases, c.m.s. fears, there are fewer health insurance options that would be desired and "relatively high-cost plans." >> pelley: sharyl attkisson in our washington newsroom. sharyl, that you can. a legal settlement worked out today the biggest ever involving wall street insider trading. the hedge fund s.a.c. capital has agreed to pay $1.8 billion, and it will plead guilty to criminal fraud charges. s.a.c. capital is owned by the billionaire steven a. cohen. he was not accused of wrongdoing. senior business correspondent anthony mason is joining us now. anthony, why is this such a big deal? >> reporter: scott, s.a.c
kathleen sebelius told congress there were 200 flaws in the health care web site but she expects all will be fixed by the end of the month. three and a half million americans have been told that their health plans will be canceled because their plans don't meet the minimum requirements of obamacare. we asked wyatt andrews to look into that. >> reporter: karen defnall did not vote for the president and was not a fan of health care reform until she learned that obamacare could be a very good deal for her. >> i perceive this as a blessing and if it comes into fruition i'm very grateful for this. >> reporter: defnall, who runs a small day care in virginia, is about to lose her current policy with anthem health. her monthly premium now at $771 will go down under obamacare to $221 thanks to a federal subsidy. she also saves on out-of-pocket costs. defnall's current policy has limited coverage for preventative tests, pediatric care and the emergency room. but all of that is covered under the new law and could reduce her out-of-pocket costs around $1,500 this year to zero. but many others fe
every other kind of illness. in atlanta today, health and human services secretary kathleen sebelius described a new world for those suffering from mental illness or substance abuse. >> imagine what it would mean if people felt as comfortable saying they were going for counseling as they do saying they're going for a flu shot or physical therapy. >> reporter: patients with broken bones or heart attack symptoms are routinely admitted to emergency rooms and insurers are contacted later. before today, patients reporting severe depression or suicidal tendencies often had to be approved by insurance companies before they were admitted. treatment could be delayed or coverage denied. now that disparity will no longer exist. the new rules are a result of obamacare and a 2008 law that called for mental health parity. they're also the last of 23 executive actions to reduce gun violence that president obama took when congress voted against stricter gun control legislation after the sandy hook school shooting. these new rules also forbid insurers from denying coverage for out-of-state treatment of mental
rights as individua individuals. kathleen sebelius is the secretary of health and human services. >> it's troubling to think that someone could pick and choose, not based on science, not based on health care not based on anything else, but pick and choose which services to provide to employees. that would be a troubling picture. >> pelley: anna werner is joining us now. anna let's look in the future a little bit. what would happen if the supreme court ruled in favor of the administration, but the company still refused to cover birth control? >> reporter: well, at that point, scott, if hercules industries chose not to cover contraception, its attorneys say the company would face fines. how much? by their calculation, a company of that size, those fines could amount to as much as $26,000 per day. >> pelley: anna, thanks very much. the court is expected to hear arguments in this case in march. more positive signs in the economy today. the nasdaq composite closed above 4,000 for the first time in 13 years. investors were encouraged by today's housing data. home construction is up 13.
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